World News Story: Mortgage Requests Rise as Rates Near 10-Month Low

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sales manager for Presidential Mortgage Group, said over 50 percent of his refinancing appraisals had come in low over the previous few weeks but none of those for purchases. This made a certain.

U.S. applications for home refinancing climbed to their highest level in nearly two months last week with their share of total housing loan requests reaching the biggest since February, as home.

13:25 ET Subscribe to our weekly e-newsletter, Top News. Higher rates will keep home sales, prices in check. The key 30-year mortgage rate broke through the 5 percent threshold earlier this month, faster than most analysts expected.

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Rob Schurr – First Home Mortgage #federal #mortgage #relief Mortgage Bankers Association of America Consumer Information. The Mortgage Bankers Association of America is the preeminent association representing the real estate finance industry. Their consumer information site contains several tools and guides to aid in purchasing or refinancing a home. Federal Reserve Board Consumer Information

The other mortgage rates that MBA tracks were unchanged to 8 basis points higher on the week. "Most rates remained close to 10-month lows, which allowed some borrowers with an incentive to.

A sharp sell-off in the bond market is sending mortgage rates to the highest level in seven years. The average contract rate on the 30-year fixed will likely end the day as high as 4.875% for the.

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